2014 MVR to GEL Historical Review

YEARLY HIGH

0.1200 GEL

YEARLY LOW

0.1128 GEL

YEARLY AVERAGE

0.1144 GEL

2014 MVR to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MVR to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 3, valuing the pair at 0.1200. Conversely, the yearly low was recorded on August 20, dropping to 0.1128.

This high-to-low spread represents a total annual volatility of 0.0071 GEL. From a start-to-finish perspective, comparing the January average rate of 0.1145 to the December average rate of 0.1166, the exchange rate registered a net change of 1.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.1200 was up 5.41% compared to the 2013 peak of 0.1138, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MVR based on timing:

Yearly Peak High 600 GEL

2013 Average 541 GEL

Yearly Trough Low 564 GEL

Transaction Impact: A difference of 35.58 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.1169

0.1130

JanuMarcMayJulySeptNove

MVR to GEL Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.1142, compared to 0.1146 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.1142

H2 Avg (Jul–Dec) 0.1146

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0047 GEL (High: 0.1200 / Low: 0.1152). On the other end, September was the most stable month, with a tight range of 0.0008 GEL (High: 0.1143 / Low: 0.1135).

December Spread (Volatile) ±0.0047

September Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0010 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.1166) against the same month in 2013 (average: 0.1126), the exchange rate shifted by +0.0039 (+3.50%).

2014 Avg (December) 0.1166

2013 Avg (December) 0.1126

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1153	0.1136	0.1145
February	0.1151	0.1129	0.1138
March	0.1139	0.1129	0.1136
April	0.1147	0.1136	0.1142
May	0.1150	0.1139	0.1144
June	0.1148	0.1140	0.1145
July	0.1151	0.1131	0.1143
August	0.1139	0.1128	0.1133
September	0.1143	0.1135	0.1139
October	0.1146	0.1135	0.1141
November	0.1186	0.1139	0.1157
December	0.1200	0.1152	0.1166